Absolute Clean Energy PCL (BKK:ACE) Change In Receivables : ฿-63 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Absolute Clean Energy PCL Change In Receivables?

Absolute Clean Energy PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-91 Mil. It means Absolute Clean Energy PCL's Accounts Receivable increased by ฿91 Mil from Dec. 2023 to Mar. 2024 .

Absolute Clean Energy PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿205 Mil. It means Absolute Clean Energy PCL's Accounts Receivable declined by ฿205 Mil from Dec. 2022 to Dec. 2023 .

Absolute Clean Energy PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿499 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Absolute Clean Energy PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Absolute Clean Energy PCL's liquidation value for the three months ended in Mar. 2024 was ฿-4,947 Mil.

Absolute Clean Energy PCL Change In Receivables Historical Data

The historical data trend for Absolute Clean Energy PCL's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Absolute Clean Energy PCL Change In Receivables Chart

Absolute Clean Energy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

18.63

115.12

-251.45

-335.96

204.87

Absolute Clean Energy PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															177.01	22.34	-15.47	20.99	-91.04

Absolute Clean Energy PCL Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-63 Mil.

Absolute Clean Energy PCL (BKK:ACE) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Absolute Clean Energy PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	499.235	/	1471.376	*	91
=	30.96

2. In Ben Graham's calculation of liquidation value, Absolute Clean Energy PCL's accounts receivable are only considered to be worth 75% of book value:

Absolute Clean Energy PCL's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	681.527	-	6578.652	+	0.75 * 499.235	+	0.5 * 1152.196
=	-4,947

Absolute Clean Energy PCL Change In Receivables Related Terms

Thank you for viewing the detailed overview of Absolute Clean Energy PCL's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Absolute Clean Energy PCL (BKK:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Absolute Clean Energy PCL (BKK:ACE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

140/6 ITF Tower 7th Floor Silom Road, Suriyawong, Bangrak, Bangkok, THA, 10500

Website

https://www.ace-energy.co.th

Absolute Clean Energy PCL is engaged in electricity and steam generating and distributing business both domestically and internationally. The company operates in four reportable segments biomass, natural gas, municipal solid waste, and solar energy power plants. It holds approximately 19 COD power plants and approximately 17 projects are being developed.

Absolute Clean Energy PCL (BKK:ACE) Headlines

No Headlines